My name is Porter Stansberry and as I warned in this interview, the evidence is simply impossible to ignore.
According to a survey conducted by business consulting firm Oliver Wyman Forum, 64% of CEOs reportedly expect to move away from all junior employees in the next couple of years.
Bill Gates – the man who helped put a computer on every desk in America – says certain jobs may need to be protected from machines inside what he calls “Human Reserved” zones.
The human employee is becoming a protected species. In his exact words, “Many jobs will disappear forever.”
This is an economic rupture. The end of an era that I believe will show little mercy to those who lag behind.
Because, for the first time in history, capital can compound without additional human labor.
Case in point, we’re now seeing the rise of something called the “zero-human company”. These are autonomous businesses set up with a team of AI agents working together. No CEO, CFO, CTO and no interns to make the coffee.
Industry and technological progress is about to accelerate beyond all imagination – without bringing most of us along for the ride.
And that means the extraordinary wealth AI creates won’t flow into wages.
Larry Fink – head of BlackRock, which oversees $14 trillion – has warned that AI will concentrate enormous wealth among the companies and investors positioned to capture it.
Because this is not simply about AI taking jobs or solving math equations. I believe it is the most important shift in American life and wealth in 250 years.
In the broadcast, Luke and I reveal why Washington is accelerating this shift… which companies are being protected and which are being left for dead… and the three money moves we believe you should make now.
We reveal the stocks to buy, the stocks to sell – and how to position your family on the winning side of what I call America’s New 1776 Moment.
A $34 Billion Medical-Device Deal Collapsed Over One Question: Who Would Run It?
Advanced negotiations to combine Johnson & Johnson’s orthopaedics business with British medical-device group Smith & Nephew collapsed despite broad agreement on the financial structure of the transaction.
The proposed reverse merger would have created a company worth roughly $34 billion. But talks broke down after the two sides failed to agree on who should serve as chief executive.
THE BREAKDOWN
Johnson & Johnson wanted Namal Nawana, head of its orthopaedics business, to run the combined group. Smith & Nephew insisted that its existing chief executive, Deepak Nath, remain in charge.
Financial terms and much of the deal structure had already been agreed, according to the Financial Times, and the companies had been targeting a mid-October announcement before negotiations failed.
GOVERNANCE SIGNAL
Large mergers are often presented as exercises in valuation and strategic fit. In practice, control over management, compensation and corporate culture can be just as decisive as the financial model.
THE LONG VIEW
The failed transaction is a reminder that corporate consolidation does not depend only on whether the numbers work. Leadership control can destroy a multibillion-dollar agreement even after most of the economic terms are settled.
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“The law will not make the same word a virtue in one officer’s mouth and a felony in another’s.”
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